Hi Drk1997,
Consider for a moment the upcoming news over the next few months. Things like:
- the arrival of the Demonstration Plant on site
- the release of the DFS (and the eye watering NPV)
- the commissioning of the Demonstration Plant
- the results from the Demonstration Plant
- our first Offtake (will no doubt be a big name)
- finalisation of the debt finance
- etc, etc
The great run that we’ve had in recent weeks has been centred around our inclusion in the ASX300. The huge volumes have pushed the price up considerably…..but the volumes have continued AFTER rebalancing. Where do you think these additional volumes are coming from? Other Institutions are now taking positions in LKE after ASX300 inclusion. LKE is no longer under the radar and big players want a piece. At the moment, it is also the best way to get exposure to Lilac Solutions…..and we all know who they are backed by.
So, do you not believe that the current momentum in the SP will be supported by the upcoming announcements?
We are nowhere near done yet and I think you are off the mark with your estimations of the pullback. There’s just too much news flow coming. But that’s just my own opinion.
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Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $60.06M |
Open | High | Low | Value | Volume |
3.6¢ | 3.7¢ | 3.5¢ | $100.0K | 2.770M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 772772 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 655259 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 772772 | 0.036 |
37 | 2291526 | 0.035 |
13 | 1113716 | 0.034 |
11 | 1190047 | 0.033 |
9 | 959544 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 655259 | 1 |
0.038 | 639547 | 10 |
0.039 | 2063158 | 12 |
0.040 | 1041029 | 18 |
0.041 | 1749539 | 8 |
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